Funding you earn now, next payment 04:00 UTC+0.0108%/8h= +11.9% APRnext payment +$0.14 per $10,000 · paid last 24h +0.036%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.128%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.128% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ADA/USD | 0.2446 | L +0.0005% / S −0.0003% | pay 0.0001% / 1h | 44m 57s | $84K | — | 150x |
| Short | Hyperliquid ADA | 0.2450 | 0.0113 | get 0.0014% / 1h | 44m 57s | $42.5M | $14.9M | 10x |
gTrade (Gains Network) ADA/USD
Hyperliquid ADAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $22.78
- Price spread: +0.128% → 0.000%
- $12.75
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $16.54
- Costs to cover
- 0.190%
- Break-even
- 1.9 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 8 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 1.02 bp | 6.7 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ADA on 37 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2446 | −0.003% | $201K | $3K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2448 | +0.066% | $159K | $6.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USDlong | L +0.0005% / S −0.0003% | 1h | 0.2446 | long leg | $84K | — | 150x | |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +1.006% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2444 | −0.097% | $430K | $7.7M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0093% | 1h | 0.2446 | −0.010% | $6.2M | $12.8M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2448 | +0.078% | $2.4M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2447 | +0.037% | $1.2M | $982K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2447 | +0.014% | $159K | $162K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2448 | +0.066% | $103.5M | $373.1M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2448 | +0.066% | $71.4M | $111.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2449 | +0.107% | $32.6M | $105.5M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2447 | +0.025% | $97.8M | $59.1M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2448 | +0.066% | $61.0M | $60.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2448 | +0.066% | $29.5M | $15.1M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2448 | +0.066% | $65.8M | $50.1M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2448 | +0.066% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2448 | +0.074% | $124K | $444K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2446 | −0.014% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2446 | −0.025% | $65K | $285K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2446 | −0.016% | $289K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2444 | −0.097% | $225K | $742K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2448 | +0.054% | $93K | $686K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2447 | +0.025% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2448 | +0.066% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2449 | +0.108% | $8K | $740K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2447 | +0.005% | $336 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2446 | −0.010% | $1.3M | $6.4M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2447 | +0.025% | $47.7M | $6.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2448 | +0.081% | $531K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0106% | 8h | 0.2448 | +0.046% | $21K | $250 | 20x | as long as short |
| Hyperliquid ADAshort | +0.0113% | 1h | 0.2450 | +0.128% | $42.5M | $14.9M | 10x | |
| Phoenix ADA | +0.0195% | 1h | 0.2450 | +0.148% | $4K | $100K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2447 | +0.025% | $4.5M | $5.7M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0279% | 1h | 0.2447 | +0.045% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0486% | 1h | 0.2449 | +0.087% | $592K | $494K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0591% / S −0.0547% | 1h | 0.2446 | −0.004% | $132K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]